(CercleFinance.com) – The Paris Stock Exchange ends the day with a limited gain of 0.12%, at 7,583 points, the good performances of Edenred (+1.6%) and Teleperformance (+1.4%) being offset by the declines of Renault (-1.5%) and Airbus (-1.4%) in particular.
On the statistics front, investors learned that American consumer confidence rose much more strongly than expected in December, according to the results of the Conference Board’s monthly survey.
Indeed, the confidence index calculated by the employers’ organization rebounded to 110.7 this month after 101 (revised) in November, while economists on average forecast an increase to 104.
On the real estate front, sales of existing homes increased 0.8% last month compared to October, according to the National Federation of Realtors (NAR).
The median sales price reached $387,600, up 4% year-on-year, and the stock of unsold existing homes fell 1.7% year-on-month to 1.13 million at the end of November, or 3. 5 months at current flow rate.
Finally, data released by the United States Energy Information Administration (EIA) shows that crude oil inventories in the United States stood at 443.7 million barrels during the week of December 11, signaling an increase of 2.9 million barrels compared to the previous week.
In the bond compartment, the 10-year T-Bonds fell to 3.91% (-4.5 pts) while the ten-year German Bund, the true reference rate for the euro zone, fell by -4 pts to 1.972%. .
Rate futures now include a 69% probability of a rate cut following the Fed meeting at the end of March, compared to 28% a month ago, according to CME Group’s FedWatch barometer.
On the foreign exchange market, the euro lost 0.2% against the greenback, to $1.096.
On the raw materials side, oil prices confirm their recovery due to the increase in attacks carried out by Yemeni Houthi rebels, close to Iran, against ships in the Red Sea, which are disrupting maritime trade.
The barrel of Brent is currently gaining nearly 1.4% towards $80.4 in London.
In French company news, Alstom announces that it has today launched its first digital experience center located in India, in Bangalore.
The company also reports having been chosen to supply the European Metropolis of Lille (MEL) with the new tram trains for Line R and Line T of the Lille network.
For its part, Orange Business announces the acquisition of Expertime, a services company specializing in Microsoft technologies, to contribute to its ambition to accelerate its growth in digital services and become the leading network and digital integrator in Europe.
Following the devaluation of more than 50% of the Argentine peso on December 13, Verallia warns that the impact of converting its local turnover into euros will not allow it to achieve its annual growth objective of at least 20 % of its total turnover in 2023.
Finally, Vergnet announced on Wednesday the establishment of innovative financing of eight million euros intended to support its development.
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